“When a subject becomes totally obsolete we make it a required course.”
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garychannon
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“Company cultures are like country cultures. Never try to change one. Try, instead, to work with what you've got.”
Peter Drucker
“The purpose of a business is to create a customer.”
Peter Drucker
“Most of what we call management consists of making it difficult for people to get their work done.”
Peter Drucker
“The entrepreneur always searches for change, responds to it, and exploits it as an opportunity.”
Peter Drucker
“People who don't take risks generally make about two big mistakes a year. People who do take risks generally make about two big mistakes a year.”
Peter Drucker
“When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact.”
Warren Buffett
“Your premium brand had better be delivering something special, or it's not going to get the business.”
Warren Buffett
“The business schools reward difficult complex behavior more than simple behavior, but simple behavior is more effective.”
Warren Buffett
“Our favorite holding period is forever.”
Warren Buffett
“You know, people talk about this being an uncertain time. You know, all time is uncertain. I mean, it was uncertain back in - in 2007, we just didn't know it was uncertain. It was - uncertain on September 10th, 2001. It was uncertain on October 18th, 1987, you just didn't know it.”
Warren Buffett
“Of the billionaires I have known, money just brings out the basic traits in them. If they were jerks before they had money, they are simply jerks with a billion dollars.”
Warren Buffett
“If you wait until you see the robin, spring will be over.”
Warren Buffett
“I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.”
Warren Buffett
“Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.”
Warren Buffett
“You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beats the guy with 130 IQ.”
http://www.cnbc.com/id/101573765
Warren Buffett
“The best place to learn ethics is in the home.”
Warren Buffett
“There's plenty of money to be made in the center of the court.”
Biennial letter to Berkshire Hathaway Manager...
Warren Buffett
“We make silk purses out of silk.”
http://www.youtube.com/watch?v=7I7utGAEhDI&t=...
Warren Buffett
“Read 500 pages like this every day. That's how knowledge works. It builds up, like compound interest. All of you can do it, but I guarantee not many of you will do it.”
Warren Buffett
“Chains of habit are too light to be felt until they are too heavy to be broken.”
Warren Buffett
“We can afford to lose money – even a lot of money. But we can’t afford to lose reputation – even a shred of reputation.”
Warren Buffett
“In the business world, the rearview mirror is always clearer than the windshield.”
Warren Buffett
“I try to buy stock in businesses that are so wonderful that an idiot can run them. Because sooner or later, one will.”
Warren Buffett